We are pleased to present for sale Lacey Retail Center!
Lacey Retail Center, located in Thurston County, Washington, is a
well-established retail property featuring 6 suites with 100%
occupancy. Encompassing 11,324 square feet, the center showcases a
diverse tenant mix including Lacey Liquor & Beverage, Kasita Krec's
LLC, Sharp Design Hair Studio, Canna Cabana Subs & Shakes, Emerald
City/Pizza Hut, and Star Nails & Spa, providing essential services and
dining options to the community.
The property benefits from stable, long-term tenants with built-in rent
escalations and generates additional income from a T-Mobile cell
tower lease with automatic 10% increases every five years. Recent
capital improvements including a new roof (2020), updated HVAC
system (2017), and modernized fire panel (2025) demonstrate
proactive property management and commitment to maintaining the
asset.
Strategically positioned in Lacey's retail corridor, the center serves the
growing Thurston County market and benefits from its proximity to
major transportation routes and residential neighborhoods, making it
an attractive investment opportunity with proven cash flow and
value-add potential through professional management.